India’s internet user base crosses 350 million: IAMAI

New Delhi: India has added 52 million internet users in first six months of the year, taking the total user base to 352 million as on June 30, 2015, industry body IAMAI said. Interestingly, 213 million (over 60%) users accessed the worldwide web through mobile devices. “Internet (in India) has reached an inflection point. The consolidated numbers affirm the fact […]

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Infosys launches new solutions for banking segment

New Delhi: Infosys has launched two new financial products for the Indian market that will help it tap the multi-million dollar opportunity in the newly announced payments banks segment. The two products — Finacle Payments Bank and Finacle Small Finance Bank solutions — are part of EdgeVerve Systems, the product subsidiary of Infosys, the country’s second largest software services firm. […]

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Infosys to Set Up 3 More Campuses in Bengaluru, Generate 27,000 Jobs

Bengaluru: Karnataka government has cleared three major IT projects planned by Infosys to set up more campuses here at an investment of Rs 1,918 crore that would generate 27,000 jobs. “The IT major Infosys is going to invest 290 million US dollars (Rs 1,918 crore) on three campuses. One will be built at Electronic City and other two at Konappana […]

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TCS donates $35 million to Carnegie Mellon

WASHINGTON: Twice on either side of 1900, Jamsetji Tata traveled to the United States, looking for technologies that would put steel in India’s industrial frame. In America, Andrew Carnegie had “been there, done that” with regards to steel and was divesting some of his fortune into philanthropy, endowing $1 million for a technology school that would eventually become Carnegie Mellon […]

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